Takaful Endowment Fund
Past performance
Should I worry?
- In its worst year, the fund lost 6.6% of its value.
- Low volatility.
What it costs you
No fee information available.
About this fund
To encourage community volunteering in non-profit development investment and effective contribution under the concept of social solidarity to participate in supporting Takaful around Saudi Arabia by developing and investing its assets in the fund to enhance its value and develop charitable capital in a way that benefits the programs of Al Takaful Al Khayria Association for Orphans and their mothers which includes (financial social support and health care - education and empowerment - culture and entertainment - support of housing and restoration). the fund manager participation in investing the assets in all categories of diversified risk assets that aims to achieve the growth objective of endowed capital with the distribution of endowment profits to the Association in Medina (Takaful) by no less than 70% of net annual profits (distributed and or capital gains)
- Manager
- الراجحي المالية
- Category
- Multi-Asset
- Inception date
- 2024-01-08
- Currency
- SAR
- Sub-category
- موافق الشريعة
If you had invested…
News & Announcements
Source: Saudi Exchange (Tadawul)
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Important Notice
Not financial advice. Past performance ≠ future results. Investing involves risk of loss. Consult a financial advisor before making investment decisions.